Form 4: Cohu Inc. Executive Bohrson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher Bohrson, a Senior VP & Chief Customer Officer at Cohu Inc., reported changes in beneficial ownership of company stock due to tax obligations and performance stock unit forfeitures.
Summary
- Christopher Bohrson, a Senior VP & Chief Customer Officer at Cohu Inc., filed a Form 4 detailing changes in his beneficial ownership of Cohu Inc. stock.
- On March 14, 2024, 2,978 shares of common stock were withheld to cover tax obligations upon the vesting of Restricted Stock Units (RSUs).
- On March 15, 2024, 767 Performance Stock Units were forfeited because specified performance goals were not fully achieved.
- Also on March 15, 2024, 3,649 shares were withheld to cover tax obligations upon the vesting of RSUs.
- Following these transactions, Bohrson beneficially owns 134,554 shares of Cohu Inc. common stock, which includes 78,968 RSUs.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. The forfeiture of performance stock units is a slightly negative element, but overall the document is factual and doesn't convey strong positive or negative sentiment.
Negatives
- 767 Performance Stock Units were forfeited because specified performance goals were not fully achieved.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The forfeiture of performance stock units may have a minor negative impact on the executive's personal wealth.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | 2,978 shares of common stock were withheld to cover tax obligations upon vesting of Restricted Stock Units (RSUs). |
| 03/15/2024 | 767 Performance Stock Units were forfeited because specified performance goals were not fully achieved. |
| 03/15/2024 | 3,649 shares were withheld to cover tax obligations upon vesting of Restricted Stock Units (RSUs). |
| 03/18/2024 | Date of signature for the Form 4 filing. |
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